.DrStefanBerger has clarified that the recent amendment should not be interpreted as a 'de facto Bitcoin ban'
, a provision forbidding proof-of-work , the consensus algorithm that underpins the Bitcoin network, found its way into the final draft version of the MiCA.
Many initially interpreted the addition of the amendment as a future ban on proof-of-work cryptocurrencies. With such a scenario becoming a real possibility, many members of the cryptocurrency community expressed their frustration with the draconian regulatory initiative, which likely forced lawmakers to return to the drawing board.
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